Absolute NNN Dental
For Sale
Contact for pricing
3231 West Road, Trenton, MI 48183
Dental-use asset with a 15-year absolute net lease structure.
Property Size7,538 SF
Price / SF$248.74
Days on Market10
Property Features for 3231 West Road
General Information
Standard status
Active
Size
7,538 SF
Property subtype
Retail, Office
Lease Type
Absolute NNN
Investment Type
Net Lease
Net Operating Income
$120,000
Building Details
Year Built
1962
Year Renovated
2026
Tenancy
Single
Listing Agency:
ParaSell Inc
(949) 942-6585
Listed By:
Scott Reid · License #NM - 9736
Source:
Crexi
Added: Jul 27
Changed: Aug 3
Last Checked: Aug 3 at 6:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ParaSell Inc
Investment Insights
Based on property information with market context.
This 7538-square-foot commercial property is associated with dental use and carries a 15-year absolute NNN lease structure. The building was constructed in 1962.
The property is located at 3231 West Road in Trenton, Michigan 48183.
The property is located at 3231 West Road in Trenton, Michigan 48183.
Key Highlights
- 15‑year absolute NNN lease structure
- Dental‑use commercial property
- 7538 square feet of property size
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $151.1k | $20.04 |
| − Vacancy | −$18.8k | −$2.49 |
| EGI | $132.3k | $17.55 |
| − OpEx | −$52.9k | −$7.02 |
| NOI | $79.4k | $10.53 |
7,538 SF · lease $20.04/SF/yr · vacancy 12.42% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.13M
$992.3K – $1.32M
NOI $79,380 @ 7.0% cap · market cap 4.23%
Second Best
Office B
$370.7K
$324.4K – $432.5K
NOI $25,950 @ 7.0% cap · market cap 1.38%
Theoretical Best
Specialty Retail
$1.40M
$1.22M – $1.63M
NOI $97,692 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
347
Businesses Nearby
Explore this area
Business Placement
Demographics for 48183, MI
42,447
Population
18,095
Households
2.3
Avg Household Size
43
Median Age
27%
College-Educated
94%
High-School Grad
18.0 sq mi
ZIP Area
2,358
Density / Sq Mi
$82,020
Median Household Income
$51,534
Median Earnings
$1,009
Median Rent
$214,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Dental-use asset with a 15-year absolute net lease structure.
Where is this nnn property located?
The property is located at 3231 West Road Trenton, MI.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: 15‑year absolute NNN lease structure; Dental‑use commercial property; 7538 square feet of property size
